SCHEDULES

F1C3C4SCHEDULE 7A Non-Domestic Rating: 1990-95

Annotations:
Amendments (Textual)
Modifications etc. (not altering text)
C4

Sch. 7A modified by S.I. 1990/608, regs. 2(4), 4(7), 6(1), 8, 9, 11(2), 15(2) and by S.I. 1990/2329, reg. 5(1)

Sch. 7A modified (13.1.1992) by S.I. 1991/2906, reg.4

Sch. 7A modified (1.4.1992) by S.I. 1992/559, reg. 2(2)

Definitions

C14

1

The base liability for a hereditament for each day in the financial year beginning in 1990 shall be found by applying the formula—

A x BCmath

2

A is the rateable value of the hereditament, as determined under paragraph 6 below.

C23

B is the general rate poundage effective for 31 March 1990 for the rating area (within the meaning of the 1967 Act) in which the hereditament is situated.

4

C is the number of days in the financial year beginning in 1989.

5

The base liability for a hereditament for each day in a relevant year (the year concerned) other than the financial year beginning in 1990 shall be found by applying the formula—

BL xAFmath

6

Relevant years are financial years falling in the transitional period.

7

BL is the base liability for the hereditament for each day in the financial year immediately preceding the year concerned.

8

AF is the appropriate fraction for the hereditament for each day in the financial year immediately preceding the year concerned.